NTM Gold (ASX: NTM) has appointed Eduard Eshuys as a Non-Executive Director, representing DGO Gold Limited (ASX: DGO) which recently increased its shareholding in NTM to 12 per cent. Mr Eshuys is DGO’s Executive Chairman and a highly-regarded geologist, with several decades of exploration experience in Western Australia.
NTM Gold (ASX: NTM) has appointed Eduard Eshuys as a Non-Executive Director, representing DGO Gold Limited (ASX: DGO) which recently increased its shareholding in NTM to over 10 per cent. Mr Eshuys is DGO’s Executive Chairman.
HIGHLIGHTS
· Experienced mining executive Eduard Eshuys joins NTM’s board as a Non-Executive Director
· This follows DGO Gold Limited becoming a substantial shareholder with 12% stake in NTM
Mr Eshuys is a highly regarded geologist with several decades of exploration experience and success in Western Australia. In the late 1980’s and 1990’s, Mr Eshuys led the teams that discovered the Plutonic, Bronzewing, Jundee Rosemont and Quarters gold deposits and the Cawse lateritic nickel deposit.
He was earlier involved with the discovery of nickel sulphides at Maggie Hays and Mariners in the 1970’s. More recently, he was the Managing Director and CEO of St Barbara Limited from 2004 to 2009. During this time Mr Eshuys was instrumental in substantially increasing the resources and reserves at the Sons of Gwalia mine and its redevelopment. Mr Eshuys joined DGO in 2010 as Executive Chairman.
DGO is focused on building long term shareholder value by investing in brownfield gold discovery opportunities and through exploration success of its portfolio of strategic land positions.
NTM welcomes Mr Eshuys to its board and looks forward to drawing on his wealth of experience as the company aggressively explores the Company’s 100%-owned Redcliffe Gold Project near Leonora, in WA’s Goldfields.
NTM Gold Managing Director Andrew Muir commented: “The appointment of Mr Eshuys to the board is the next step in the continuing alignment of NTM and DGO with respect to aggressively exploring the Redcliffe Gold Project. Both companies recognise the potential of Redcliffe to yield a sizeable gold resource base.
“NTM’s 2019 exploration program is in full swing, with an RC campaign and diamond drilling program and near-term commencement of an aircore program to test for strike extensions of current resources.”
